Oregon Code § 462.142·Enacted ·Last updated March 01, 2026
Statute Text
Account wagering.
(1) In addition to mutuel wagering otherwise authorized by this chapter,
account wagering may be conducted upon such conditions as the Oregon Racing
Commission determines appropriate. The commission may authorize only a race
meet licensee who is the holder of a license issued under ORS 462.057, 462.062
or 462.067 to conduct account wagering.
(2) As used in
this section, account wagering means a form of mutuel wagering in which an
individual may deposit money in an account with a race meet licensee and then
use the account balance to pay for mutuel wagering conducted by the licensee.
An account wager must be made in person by the holder of the account at the
race course. [1997 c.865 §15; 2011 c.176 §2]
Plain English Explanation
This Oregon statute addresses Account wagering. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 462.142
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Account wagering. Read the full statute text above for details.
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